They claim to charge in the "high 4 figures" - one web source says it's $4800 - to join their group and get access to their network and resources.  

They agreed to pay in accordance to the lease and failure to manage to the lease is the #1 reason why landlords fail (Source: American Apartment Owners Assn).Cowboy up and stop having the tenant control your ROI.Best.

Hello all. Does anyone have recommendations for HELOC lenders?Thanks!

That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

@Roger CreekmoreMini splits sound like the best option from the cheap seats. 

For example,  providing a heating source for your tenant is your responsibility as the landlord. 

One of my clients is buying commercial real estate property with tenants that have 5 year lease. My client plan is to demolish and do new construction within 1 year. What is the best way to best way to deal with the e...

.: Quote from @Donald Hatter: Option 2 is the last option I would suggest.

I am sure many are actually purchasing real estate with these unsecured loans but the investors are not really benefiting from the real estate, they are merely making a fixed return and providing inexpensive equity sources to those who actually own the real estate.

Most owners who do it want to keep the option of having the building vacant when they eventually sell the place since vacant places sell much more easily then tenant-occupied ones if it's a rent controlled building.